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Apple Q3 2011 Earnings Call at 2pm Has Everyone Excited

Jul 19 2011, 9:30am CDT | by , in News | Apple

Apple Q3 2011 Earnings Call at 2pm Has Everyone Excited

One analyst says the wow factor returns.

Apple will reveal their Q3 Earnings numbers today at 2pm PDT/5pm EST. Apple stock is trading at an all-time-high of $378.08 in early morning trading. The street is betting on Apple to reveal record breaking numbers. According to Forbes, JP Morgan analyst Mark Moskowitz said to get ready for the return of the wow factor. 

Apple is seen to beat several key indicators in their Q3 2011 earnings. iPad sales will likely also set a record. The real driver for the stock price seems though to be the positive outlook on what is still coming up from Apple this year. The iOS 5 and iCloud launch are seen as another huge boost for Apple product sales. Apple is expected to launch OS X Lion tomorrow, which will help Apple to make also next quarter a good one.

Apple is broadcasting the Q3 earnings conference call in an audio broadcast here, starting at 2pm PDT.

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